7.7c surprises everyone ?, page-14

Mitta
A bit of help required here in regards to your comment that the stock had sell written all over it from the start of trading, Great open on the back of long awaited Ann, 9.1 to 10... 11 and down the slippery slope from 10.17am to the close of 7.7, from a non TA point of view, I'll go with the reasoning that the phase 11 approval could have already been factored in, but to slide this far on such a positive ann has left me stumped, 9 ish perhaps but 7.7 with possibly another drift south,I feel sure most would have not imagined... I've only just began to try and understand charts, so if you have time, please explain in layman's terms why the TA points down and at what point you think it will bounce.
Thanks in advance Louise on L plates